Every financial institution is being challenged by its executives to move faster. With software applications at the forefront of innovation, IT organizations are under increasing pressure from lines of businesses to deliver applications faster while meeting internal IT directives to cut costs, protect customer information, and comply with heightened regulatory requirements. Given these varied priorities, what steps can be taken to do more with less?
Mobile banking applications have become the front line for acquiring and retaining customers in the midst of competitive pressures. On the back end, IT organizations are constantly looking to modernize, rationalize, and consolidate their application portfolios to reduce costs and improve efficiencies. Private and public cloud onboarding has become a strategic, cost-effective initiative for many large banks, but securely migrating applications containing sensitive customer data is cost prohibitive. Aside from these impediments, financial institutions face heightened regulatory pressures and must invest in costly compliance programs. On the whole, these competing requirements compound the demands for data, making Data as a Service an integral component of any enterprise data management strategy.
In this webinar we will discuss:
- Current market trends and the importance of software innovation in the financial services industry;
- Technology debt and other impediments to developing applications that are critical to customer experience and competitive advantage;
- The advantages of using integrated data masking and delivery solution to solve critical bottlenecks in the software development lifecycle;
- Case studies of financial services institutions that are using Data as a Service to accelerate application releases and unlock innovation.